This study examines the effect of retail investor-firm communications (RIFC) on corporate ESG performance. Exploiting the unique setting of Chinese investor interactive platforms which enable retail investors to pose questions and require firm answers, we show that RIFC significantly improves...

Previous studies report mixed findings on the causal relationship between language diversity and its representation of cultural diversity, and economic and social development. We consider language relatedness a prerequisite for language diversity research, and theoretically analyze the impact of...